1999 World Cup Reunion


first_imgTouch Football Australia (TFA) is proud to announce a reunion of the World Champion Australian Representatives from the 1999 World Cup. The reunion will be held in conjunction with the upcoming Trans Tasman series to be held from the 24th – 26th April 2009 in Wollongong, NSW. It has been 10 years since the very successful 1999 World Cup campaign which was held in Sydney, and in celebration of a Trans Tasman Series coming to Australia for the first time in 6 years. It is a great opportunity to celebrate the achievements of both the present players and those who have pulled on the green and gold before them.  Since the release of the initial information, there has been expressed interest from other past Australian Representatives from earlier and since campaigns who would also like to be included. TFA extends a warm invitation not only specifically to the 1999 World Cup members, but also any member of past representative teams from any campaign to attend and celebrate the current Australian Contingent.We will provide a special reunion package available for members to book with TFA, which will include the Reunion VIP Cocktail Function during the Saturday Night Test Series including a 2 hour drinks package, commemorative gift and free entry to the Trans Tasman games to be held at WIN Stadium for $50 inc GST.    Reunion attendees are also welcome to attend the ANZAC Ceremony if they wish and can also purchase tickets to attend the Australian Team Function on the Sunday early afternoon as well as the Thursday Trans Tasman Civic Reception dinner.  While hosting the Trans Tasman Series here in Australia, TFA are focused on the Australian aspects of the 1999 World Cup, but are also extending an open invitation to other participants of the event including Federation of International Touch Referees, New Zealand Team Members and participants from any other Nation.  We also extend a warm invitation to the friends/ family and partners of the 1999 World Cup who are also permitted to purchase Reunion Tickets.At this early stage of promotion we have had exciting feedback that both the Women’s Open and Men’s Open teams from the 1999 Campaign will have the majority of their members in attendance.     To arrange the purchase of reunion tickets, and get on the emailing list for more information, like ‘reunion friendly accommodation’, please contact Chrissy Brockway on 02 6212 2800 and chrissy.brockway@austouch.com.au   Related Filesflyer-pdflast_img read more

18 days agoHarry Winks: Spurs players behind the manager


first_imgHarry Winks: Spurs players behind the managerby Paul Vegas18 days agoSend to a friendShare the loveHarry Winks says Tottenham Hotspur’s squad are sticking by Mauricio Pochettino.The Argentine is under pressure to keep his job after Saturday’s loss to Brighton, leaving the club with a record of three wins from 11 games this season.But Winks believes Pochettino has the complete support of his playing squad.”He’s our manager. He’s been fantastic ever since he’s been at the club and taken the club to new heights,” Winks said.”At the moment we are going through a bit of a rough patch. That happens in football, every club goes through it.”It’s important we stand up as men and get through these dark times, and hopefully we can get back to playing well and winning as much as we can.”In the last six years we have come such a long way, we have become a title-challenging side. But we haven’t shown it this season, we have only shown it in parts.”In certain games we have played really well but for the majority of this season we haven’t shown what we are about.”It’s important we look back on it and reflect so realise it’s not been good enough, no excuses. The only way we can put it right is back in training and the next match.” About the authorPaul VegasShare the loveHave your saylast_img read more

ESPN Releases New College Football Power Rankings After Week 5


first_imgESPN power rankings for teams ranked 2 through 4 for week 6 of the season.The Coaches Poll received a major shakeup, and the AP promises to do the same after a wild week five, but neither replaced the nation’s top team. ESPN’s College Football Power Rankings, however, did just that. After struggling at Indiana, Ohio State falls a few spots, replaced at the top by Utah, which continues to benefit from its dominant Oregon win. The Big 12 powers Baylor and TCU also look good, after both put up points in bunches on Saturday.Here are the full rankings: Utah New HelmetTwitter/@UtesEquipment1. Utah2. TCU3. Baylor4. Ohio State5. Clemson6. LSU7. Michigan State8. OklahomaT-9. Texas A&MT-9. Florida11. Alabama12. Northwestern13. Florida State14. Notre Dame15. Stanford16. Ole Miss17. MichiganT-18. UCLAT-18. USC20. Georgia21. Oklahoma State22. Iowa23. Cal24. Boise StateT-25. TempleT-25. HoustonHow did ESPN do this week, fans?last_img read more

Children to Get National ID card at Age Six


first_img Under the National Identification System (NIDS) children will be registered at birth and given a National Identification Number (NIN) and an identification card at age six. Story Highlights Under the National Identification System (NIDS) children will be registered at birth and given a National Identification Number (NIN) and an identification card at age six.Chief Technical Director in the Office of the Prime Minister, Jacqueline Lynch-Stewart, noted that all children six years old and above will be required to have a national identification card. The first card will be issued free of cost to parents or guardians.“Section 25.2 of the (National Identification and Registration) law provides for the national ID to be free of cost, so there is going to be no cost to the citizen to get the national ID. When you get your national ID, you’re going to be receiving two things. You’re getting a national identification number, which we refer to as the NIN and you get your national identification card,” Mrs. Lynch-Stewart said.She was speaking at a NIDS town hall meeting held recently at the University of the West Indies (UWI), Mona campus.National identification cards will also have renewal dates based on the age of the holder.“We’re going to have to renew our cards, so between ages zero and 18, the requirement is that you renew every five years. From 18 to 60 years, the renewal period is every 10 years and for those over 60 years, it will be every 15 years. The younger you are the more often you have to renew because your facial image changes, so that’s the basis on which that decision was taken,” she explained.Following the implementation of NIDS, Jamaican citizens and legal residents will require only one ID to access government and private-sector services. This is to ensure the safety and the security of their identities, boost efficiency and reduce costs, while improving quality of life.The roll-out of NIDS is slated to begin with a pilot project in January 2019, focusing on civil servants. The layered roll-out and management of the NIDS will be handled by a new agency, the National Identification and Registration Authority (NIRA), which will replace the Registrar General’s Department (RGD) and provide more enhanced services. Chief Technical Director in the Office of the Prime Minister, Jacqueline Lynch-Stewart, noted that all children six years old and above will be required to have a national identification card. The first card will be issued free of cost to parents or guardians. “Section 25.2 of the (National Identification and Registration) law provides for the national ID to be free of cost, so there is going to be no cost to the citizen to get the national ID. When you get your national ID, you’re going to be receiving two things. You’re getting a national identification number, which we refer to as the NIN and you get your national identification card,” Mrs. Lynch-Stewart said.last_img read more

Minister of Indigenous Affairs says work of inquiry will continue despite commissioners


first_imgAPTN National NewsIndigenous Affairs Minister Carolyn Bennett says the current Inquiry has the tools and the people in place to fulfill the mandate of the embattled National Inquiry into Missing and Murdered Indigenous Women.“First I would like to thank Ms. Poitras for her work,” said Bennett. “I am sure she will continue to be a defender of indigenous issues and continue to look into the tragedy of missing Indigenous women and girls. She has made great sacrifices and contributions and we thank her for that.”Bennett, fresh off a meeting with the Inquiry’s commissioners, faced the media shortly after news broke that Commissioner Marilyn Poitras issued her letter of resignation.In her letter to Prime Minister Justin Trudeau, Poitras said she could not work within the structure of the inquiry.“It is clear to me that I am unable to perform my duties as a Commissioner with the process designed in its current structure,” wrote Poitras. “I believe the Terms of Reference could be used to find solutions to do this work and I wish you the best in moving that agenda forward.”Read Marilyn Poitras resignation letter here: Marilyn PoitrasBennett met with the Inquiry July 10 to discuss the concerns appearing in public about the communications issues, and the commission’s plan to execute its mandate.“We had a very productive meeting and I can assure the families that the commissioners are continuing to work diligently and they are trying to find solutions to end violence against Indigenous women and girls,” said Bennett.Marilyn PoitrasSince being announced in the fall of 2016, the Inquiry has suffered through several resignations and firings.February 4, Michael Hutchinson, communications director is let goJune 2, Sue Montgomery, senior communications offiicer resigns.June 15, Tanya Kappo, manager of communications resigns.  June 15, Chantale Courcy, director of operations resigns.June 30, Michèle Moreau, inquiry executive director resigns. Her last day is July 21.But none as big as Poitras, a commissioner walking away from the Inquiry because of the way the process is designed.The first response came from the Assembly of First Nations.“We’re very concerned about this resignation because the work of the National Inquiry is too important and we want to see it succeed for the families,” said National Chief Perry Bellegarde in a statement. “The AFN has made many offers to help the Inquiry connect with all those affected by this tragedy because a ‘families first’ approach is essential to the Inquiry’s success. As part of that effort, we’ve invited the Commissioners to speak at our upcoming AFN Annual General Assembly to share information, and we anticipate a positive response.”The Native Women’s Association of Canada is calling on the commission to restructure.“This process has lost its focus on those who are impacted by the loss of loved ones and on honouring the lives of Indigenous women,” said NWAC Interim President Francyne D. Joe in a statement.  “The departure of a Commissioner, immediately following the resignation of the Executive Director, is a clear indication that there are unresolved structural issues occurring at the highest levels. It’s time to give families the barrier-free process they deserve.”But Bennett isn’t going to intervene in the work of the commissioners.“The commission is totally independent and it is their decision to make in terms of finding processes that will help them achieve their mandate.”“I was impressed by the work plan that they have, the research plan … they really do have the vision, the values, the tools and the plan to to get this work done. There is no question, that we all agree, communication has been an issue. And that they have got to do a better job at communicating their vision, their plan, values and the way that they’re going to get this work done.Successful commissions bring Canadians with them as they go – and this has not been done to date.”Bennett said she will not appoint a new commissioner unless she is directed to do so by the inquiry, and if Cabinet approves it.Poitras’ last day is July 15.last_img read more

In This Issue   Its pretty much an allout as


first_imgIn This Issue. *  It’s pretty much an all-out assault by the dollar today! *  Chinese & Swedish PMI’s are weaker but above 50. *  The BOJ’s QE announcement sinks yen! *  The Narrowing thing. It’s Tricky! And Now. Today’s A Pfennig For Your Thoughts. China Begins To Take Baby Steps Toward A Convertible Renminbi! Good Day!…  And a Marvelous Monday to you! OUCH! Brother am I hurting all over today, as I used muscles yesterday that haven’t been used in a while! We had two semi-large trees fall in the back of our property, down by the creek (probably the work of beavers!), and for the last two weeks I had been cutting it up, a little bit at a time, so as not to wear myself out, but yesterday, I had the help of Jerry and then neighbor, Paul, and we banged out the whole shootin’ match! So, now I have a huge pile of wood ready for splitting. I’ll leave that for Alex to do. (I’ll have a heart attack IF he actually does it! HAHAHAHA!) There’s some BIG news from China to talk about this morning, but first, I need to tell you that the dollar is in an all-out assault mood this morning, with 95% of the currencies, including Gold, looking at losses this morning, and the few without losses are flat, but could turn negative in a NY Minute, so it’s all about the dollar this morning, especially if you check out the cable news who are dropping the ball BIG Time on the China news, but that’s their problem, not mine, for I’m going to give it to you right here! This weekend, the Chinese Gov’t announced that the renminbi will become directly convertible with the Singapore dollar, effective this morning. Folks, I don’t care if the Cable News or The Wall Street Journal (WSJ) or Reuters don’t care to talk about this development, it’s HUGE news any way you look at it! I saw this, and said to myself, “Self, is this the first step in a freely convertible renminbi? Why, I do believe that’s what’s going on here, Self!”  I told you all previously that I thought that China was really stepping up the pace of their move to replace the dollar as the reserve currency, and this just confirms that thought! I see this going along much like China went about gaining a wider distribution of their currency by signing currency swap agreements with one country at a time. I see them doing the same type of one country at a time, move with convertibility of their currency, until it’s fully convertible all over the world. This won’t happen overnight folks. The first currency swap agreements were signed in 2008. There was other news from China over the weekend, as the latest Gov’t version of the Manufacturing Index (PMI) printed, and was not as strong as I thought it would be. The index number was still safely above the 50 level at 50.8, but a number north of 51 was expected, and so, it was more of the moving along slowly for the Chinese economy, but not stopping for rest, just moving along slowly. Sort of like me in the backyard yesterday! HA! And since the dollar was taking liberties against most currencies overnight, the Chinese decided to weaken the renminbi / yuan, using the weaker than expected PMI as their excuse for doing so.  They didn’t make a Big deal out of the direct convertibility of the renminbi with Singapore, as I’m sure they would have liked for no one to notice. The U.S. news agencies complied, eh? And get this. The man who is the chief executive officer (CEO) of the world’s largest sovereign wealth fund, Yngve Slynstad, says that even though assets from China only make up about 1.5% of the $860 Billion Norwegian Wealth Fund’s portfolio, he believes that almost all investment decisions are affected by what happens in China.  He didn’t say the U.S., Japan, the Eurozone, the U.K., he said China. Makes you sit back and think about all the things I’ve told you regarding China over the years, they all seem to be coming true, don’t they?  Well. So,  it’s all about the all-out assault by the dollar today. UGH! That’s crazy, I don’t care what side of the fence you’re on, how in the world can traders and investors take the dollar to this all-out assault mode today?  I explained last week how QE 1, 2 & 3, isn’t going to end quietly, that the Fed had announced that when bonds that they bought and hold, mature, they will take the proceeds and invest in another bond. Thus keeping the Fed’s balance sheet at more than $4 Trillion, and allowing them to keep their hands in the bond markets’ cookie jar. But that’s not the only thing on my mind today regarding the currencies, so, let’s open this can of beans and see what’s inside, eh? Well, last week the Bank of Japan (BOJ) Gov. Kuroda, really opened Pandora’s Box of currency losses for the yen, and the bleeding hasn’t stopped yet. On Friday, we saw a whole 2 figure loss in yen, and overnight we’ve seen another 2 whole figure loss in yen. I was talking with a trader friend on Friday, and I told her that when I started in this business 22 years ago, yen was 124. And the way things were going, it wouldn’t surprise me to see it there again, with the way the Japanese Gov’t and BOJ keep pushing it downward.  I find this downward move in yen to be quite interesting, as it wasn’t that long ago, that people kept talking about what a miracle it was that Japan had twin deficits, (Current and National Gov’t) but yet the yen was still strong, and why couldn’t that be the same for the dollar? Uh-Oh. Looks like that “miracle” has been shattered, just like the one here in the U.S. with our twin deficits and a stronger currency will be eventually. It takes a while for the markets to get out of bad habits and wake up to smell the coffee, but eventually they do, and when they do, they go at it with a vengeance, like they are doing with yen right now. There comes a time when the markets realize what I’ve been telling you for a while now, that Japan is a basket case.  Of course I’ve not been a fan of what’s going on with the twin deficits in the U.S., but we’re not here with yen, just yet. But also remember what I’ve been telling you for quite a few years now. That the U.S. is turning Japanese, yes, I really think so. I loved this quote from David Stockman. He said that “The BOJ had jumped the shark tank  and now the Machines, Madmen and Morons are Raging”. Whoa, there  David, I would love to say those things, but I get my hands slapped, but as long as you say them, we’re good to go! So, keep the quotables coming! The Aussie and New Zealand dollars (A$ and kiwi respectively) are both on the downswing this morning. Last week it was the interest rate differentials helping the currencies like A$ and kiwi, real, ruble, and rand, but that tricky wording that the Fed used in their press conference on Wednesday last week, got the dollar bugs thinking that these interest rate differentials will soon be narrowed. One of my wife’s fave songs, is (to me a strange choice, but to each his own) the song: It’s Tricky.   You know, It’s Tricky to rock a rhyme, to rock a rhyme that’s right on time, It’s Tricky.  And that’s how I feel about the stuff going on in these two currencies.  The key here is that the dollar bugs think the interest rate differential will be “narrowing” soon. Hmmm. That does NOT mean that the interest rate differential that the currency owns over the dollar is going away, it simply means it could be getting “narrowed”, and for that reason alone, the dollar bugs are all over the place now? It’s Tricky folks. The 1.5% rate hike that the Central Bank of Russia (CBR), pulled off last week, helped the ruble one day, and since then it has been of no help, as the ruble continues to slide further and further downward. There’s a fragile peace in Russia and Ukraine and winter is beginning in the region. I just don’t see how the fragile peace that’s there now will be threatened, as the bitter cold, snow, and winter weather sets in. In fact, I would think that given the weather, the fragile peace could grow stronger. I’m grasping at straws here folks, as I’m looking for something, anything that would wrap a tourniquet around the ruble. Shoot Rudy, if adding 1.5% in a rate hike can’t give the ruble any more love than a one day and done shot, you can see why I’m grasping at straws. The Swedish krona is flat today, which is strange given all the bad news that has come out of Sweden lately, and with the dollar taking liberties against the currencies. We also saw Sweden’s PMI (manufacturing index) drop from 52.5 in September to 52.1 in October. Sure it was still well over the line in the sand number of 50, but it did weaken, which should not have been a reason for the krona to buck the dollar’s all-out assault today. But it is, what it is, and I shouldn’t look a gift horse in the mouth, eh? The Brazilian real is opening up this morning with a bee in its bonnet.  So, it’s nice to see that the “Narrowing rate differential” talk for the dollar isn’t carrying any weight here in Brazil. Recall that the Brazilian Central Bank (BCB) hike rates last week, and I went out on a limb and said that I expected rate hikes at the next 4 meetings, and I guess the markets are figuring that out about now too, so the real bucks the trend of the dollar’s all-out assault this morning. I’m seeing a data print flash on the Bloomberg this morning. Apparently, Honda, Rocktober Auto Sales were up 5.8%… Unfortunately, the estimates were for an increase of 7.7%… So, 5.8% is nice, but it’s not 7.7%, eh? The U.S. Data Cupboard was gloomy on Friday. Personal Spending fell -.2% in September, disappointing those that thought it would increase .2%, and those that thought August’s .5% was the beginning of a strong economy, after printing flat in July.  As long as personal consumption / spending is responsible for over 70% of GDP, this is not good news.  And one could actually say that since August was a “back to school” month, with lots of spending going on, that the 3rd QTR spending was atrocious.  I know, I know, long time readers are saying right now, but Chuck. You used to get upset when we spent more than we made, and now that’s no longer a problem, you say we’re not spending enough!   Ahhh grasshopper. Yes, I don’t like it when we spend more than we make, and looking at the Personal Income data, it certainly wasn’t very good either, rising .2% in September.  But, here’s the kicker. Personal Income should be much higher and each month should be more than the Spending component. except maybe in August, December, and April.  So, the data is all whacked-out as far as I’m concerned, and right now the problem, as the markets see it is, there’s not enough spending for the economy to grow, which goes along well with the disappointing Retail Sales data we’ve also seen lately. And last Friday (Halloween), I told you that Gold had fallen below $1,200. Well the slide continues this morning, and Silver has a $16 handle, which is better than on Friday when it was a $15 handle..  I have to say that these downward drops in the commodity prices seem to be overdone, by quite a bit. Usually when you see stuff like this, you see a bounce-back. We are well below the production costs of Gold, and remember the story I told you a week or so ago, about the head of the largest Silver producer, saying he was not selling the Silver he produces until he breaks the paper trading manipulators? Well, eventually a there has to be a shortage of supply problem.  Geez I would love for his plan to work, now that would be something, and I wouldn’t nominate him for leader of the free world! HA! There is some good news in the metals this morning though, as Platinum and Palladium are booking gains VS the dollar. These two have gotten caught up in the Gold price drop, and they should have been. They are dual metals with investment and industrial uses, and shouldn’t get brought down when the price manipulators go after Gold.  Well, that’s my thought and I’m sticking to it! Before I head to the Big Finish today. I wanted to point out what a great job, my longtime friend, and Big Boss, Frank Trotter, did with the Sunday Pfennig & Pfriends piece yesterday. He laid out the fallacy of a cheap currency. Something I’ve tried to get across in these pages for many a year to you dear readers, but leave it to the Big Boss, to drive the point home, in stunning style. For What It’s Worth. Well, this is more or less more of me here. Frank was talking about the cheap currency fallacy yesterday, and that got me thinking about the cheap Oil price fallacy. Sure, everyone is jumping up and clicking their heals right now because the price of gas at the pumps is dropping. for now.  You see there’s a major problem brewing in our Oil shale production. There have been 19 shale rigs that have already gone offline just last week!  What you have here is the same thing going on in Gold. The price of Oil has fallen very near below the cost to produce it.  Fracking Operations have a cost of $75 a barrel, and this morning, the price of Oil is $80 and change.  So, while we were on our way here with something good (cheaper gas prices, from cheaper oil prices), the getting’s not going to last. Then we’ll have to import more Oil and guess what our friends (NOT!) at OPEC will do with the price of Oil?  So, with just about anything in life, we have to be careful with what we wish for, eh? To Recap. The Big News from China this weekend is being glossed over here in the U.S. because it’s not about the mid-term elections tomorrow! But China announced that beginning today, they will allow direct convertibility of the renminbi with Singapore dollars. Just a first baby step to full convertibility. And what Chuck things is a one-country at a time deal for convertibility of the renminbi. Chinese PMI was weaker but still above 50, and Sweden’s PMI was also weaker but above 50.  the U.S. Data Cupboard had some very weak spending data on Friday, so scary for the economy, it deserved to print on Halloween! And Gold continues to slide, and to Chuck it appears to be overdone at this point. Currencies today 11/1/14. American Style: A$ .8715, kiwi .7755, C$ .8860, euro 1.2495, sterling 1.6005, Swiss $1.0365, .   European Style: rand 11.0330, krone 6.7725, SEK 7.3810, forint 247.05, zloty 3.3755, koruna 22.2430, RUB 43.35, yen 113.70, sing 1.2890, HKD 7.7550, INR 61.40, China 6.1525, pesos 13.49, BRL 2.4750, Dollar Index 87.18, Oil $80.70, 10-year 2.32%, Silver $16.12, Platinum $ 1,242.00, Palladium $807.50, and Gold. $1,171.77 That’s it for today. Whew! Our lambs, I mean Rams, pulled out a win in a crazy ending to the game yesterday. And my beloved Missouri Tigers won on Saturday, moving them into first place in the SEC East, as Florida upset Georgia at EverBank Field in Jacksonville! I didn’t have many Trick-or-Treaters on Friday night, bummer! And it was pretty chilly sitting outside, by myself waiting for them to come, but very few made it up the driveway to the front porch. Little Delaney Grace was Anna from Frozen, and her little brother was Olaf, the snowman from the same movie. Cute as can be! And Braden finally got with the program and put on his Batman costume, but refused to wear the cape! (hey, he had to win something with that fight!) All of them were very cute!  I hope your Halloween was grand. Went to breakfast with my good friend Duane on Saturday and ran into our old colleague, John Kaupisch! He looked great, as retirement has agreed with him. He said, he “highly recommends retirement”. Both Duane and Chuck laughed because we were both talking about that before John walked up to us!  Alrighty then, I hope I didn’t miss any birthdays or anything like that. it’s time to get this out the door. I hope you have a Marvelous Monday! Chuck Butler President EverBank World Marketslast_img read more


first_img — • A critical vote in Italy today could be that pin… That’s why you need to act now. You may be exposed to this toxic financial waste without even knowing it. My friend, mentor, and globetrotting colleague Doug Casey thinks the situation in Italy is just the beginning of a disaster much worse than the 2007–2009 global financial crisis. Here’s Doug: I expect a truly major banking crisis. Much worse than that of 2007–2009. Governments, who are all bankrupt, borrow money from commercial banks. Commercial banks have lent it to them because they believe it’s a risk-free loan. Governments encourage them to lend recklessly, hoping that will jump-start sluggish economies. Central banks, which are the arms of their governments, have taken interest rates to zero and below for that reason and to make it easier for governments to service their debts. This policy has encouraged businesses to take on debt. It’s an idiotic and reckless experiment that will end—likely in this cycle—with bankrupt central banks and governments bailing out bankrupt commercial banks and businesses. Just the way they did in 2007–2009. Except this time, the situation is much more serious. How to profit? Don’t own European companies, stocks or bonds, and banks in particular. In fact, even though they’re already down considerably, they’re going lower and are excellent candidates for short sales, or the sale of naked calls. I agree with Doug. The European banks most exposed to the looming crisis in Italy are excellent short-sale candidates. To hone in on the best options, I looked at which European banks hold a lot of Italian government bonds. According to the German media, French banks are the most exposed by a wide margin. They have over $275 billion worth of Italian sovereign debt on their balance sheets. Germany is next, with $90 billion, followed by Spain, with $45 billion. If you own any of the European bank stocks listed below, I recommend selling them immediately. Even though their share prices have all taken serious hits recently, they’re still great short-sale candidates. You only have a short window to act… Today, Italy is voting on a crucial referendum. It’s almost certain to fail. And that will probably be the pin that pricks this super bubble. Doug and I just released an urgent video on this issue with all the details. Click here to watch it now. It ends at midnight tonight, get started NOW Today – December 4 – Italian citizens will vote on their own version of Brexit. If they vote no like British voters did, it could spell the end of the European Union itself. Since the EU is the world’s largest economy, its fall will instantly affect your investments and savings. The first domino was Brexit, the second domino was Trump’s election, and this Italy vote will be the third domino in the global wave of discontent. This crisis promises to make a few lucky speculators insanely rich, but you need to get prepared before midnight tonight. Here’s the entire story so you can prepare right now… – Recommended Links Editor’s note: You may be exposed to toxic financial waste without even knowing it. In today’s essay, Crisis Investing editor Nick Giambruno details the super bubble that’s set to pop at any moment. Read on to learn what you should be doing now…and why there’s only a small window left to prepare. By Nick Giambruno, editor, Crisis Investing Italian government bonds are in a super bubble. They are primed to collapse soon. Italy has one of the most indebted governments in the world. It’s borrowed over $2.4 trillion, and its debt-to-GDP ratio is north of 130%. (For comparison, the US debt-to-GDP ratio is 104%.) But the situation is actually much worse. GDP measures a country’s economic output. However, it’s highly misleading. Mainstream economists count government spending as a positive when calculating GDP. A more honest approach would count government spending as a big negative. In Italy, government spending accounts for a whopping 50%-plus of GDP. A more accurate debt-to-GDP ratio would exclude government spending from economic output. I suspect that figure would reveal the Italian government’s hopeless insolvency. I don’t see how it’s possible for the Italian government to extract enough in taxes from the productive part of the economy to ever pay back what it’s borrowed. • Yet Italian government bonds are trading near record-low yields… It’s a bizarre and perverse situation. Over $1 trillion worth of Italian bonds actually have negative yields. That’s completely insane. Given the huge risks associated with lending money to the bankrupt Italian government, the yields on Italian sovereign bonds should be near record highs, not record lows. Source: Zero Hedge Italian government bonds are, without a doubt, in super-bubble territory. It won’t be long before a pin pricks it and… pop. Will Bonner: “We’re sharing our family’s next big gold investment” In the past, Bill Bonner hasn’t discussed his specific gold investments. But for the first time, he’s agreed to “open up his gold portfolio” and reveal exactly where he’s about to invest in gold next through his family trust. Click here for all the details. France—Société Générale (SCGLY) France—BNP Paribas (BNPQY) Germany—Deutsche Bank (DB) Spain—Banco Bilbao Vizcaya Argentaria (BBVA) Spain—Banco Santander (SAN)last_img read more

Most snowshoes in the United States are probably i


first_imgMost snowshoes in the United States are probably in storage right now, gathering dust and waiting for temperatures to drop. In the town of Lake Tomahawk in the Northwoods of Wisconsin though, they’re getting a lot of use this summer.Snowshoe baseball is exactly what it sounds like. It’s a game of baseball played on snowshoes, though it more closely resembles a bizarre game of softball. Every Monday night in the summer—and on the 4th of July—hundreds of tourists and residents gather to cheer on players who strap on snowshoes and hit a large softball around a field of wood chips. This has been going on since 1961, when then town chairman Ray Sloan came up with the idea to turn the game into a spectator sport capable of entertaining both summer tourists and town residents. An earlier version of the game was played on frozen lakes. Hence, the snowshoes.Admission is free, but slices of homemade pie cost $2. The pie is a big deal here, too. On any given night you can find 40 different flavors.Sheila Punches says that “they come for the pie and stay for the game.” She’s been coming to games since the 1970s and she says pie is one way she measures its popularity.”There was a time when 30 pies was enough,” she says. “Then it was 40, 50, 60, 70 … 100 pies is not too many pies to have. I think somebody said they had 160 pies last week for the 4th of July.”Pie flavors range from the traditional — Raspberry Rhubarb or Apple — to the more unique: Banana Split, Margarita, and even Sawdust, featuring graham crackers and coconut flakes.The game starts with a rendition of the national anthem by the local barbershop chorus. Then local commentators Adam Lau and Jimmy Soyck lead the way. In a recent game, someone takes a swing, misses the ball, and switches bats. “Oh, it’s the bat,” says Soyck into his microphone.”It’s always the bat’s fault,” agrees Lau.Then when the player does hit the ball, he trips right after leaving home plate. The crowd audibly cheers, then sighs. This hilarious scene is all too common, especially for newer players. Soyck says you can’t run in snowshoes. It’s all in the shuffle.”You gotta shuffle your feet. You can’t pick them up,” he says. “If you pick them up, you’re going over. No ifs, ands, or buts about it.”The game carries on this way until about the 7th inning, when one lucky batter gets a disguised cantaloupe thrown to him instead of a ball. When the batter makes contact, he immediately scatters the baseball field with pieces of melon.”When that thing hits, it splatters everywhere,” says Jeff Smith, who coaches the Snow Hawks, the home team. “It’s painted to look pretty much like those balls out there, and the batter isn’t supposed to know until he hits it.” It’s easy to laugh at the idea of people playing softball on snowshoes in the middle of the summer, but fan Phil Hejtmanek says there are a lot of talented players here.”The funny thing is these guys are really good,” he says. “You figure ‘oh, the outfielders aren’t going to be able to make any plays,’ but just you wait.”Coach Jeff Smith says that it takes a lot of work from local volunteers to make each game run smoothly, but that he doesn’t expect the game to ever fade out. “There’s too much passion amongst the townspeople around Snowshoe Baseball,” he says. “People get pretty serious about their home team winning and playing and they just want to be a part of it.”Ultimately, this game is a part of this town’s fabric. Residents like Macey Macintyre grew up watching it.”The whole town comes together just to watch this and you know it’s the whole town because you see everyone week in and week out,” she says. “It makes our town unique and it makes me just love my town and the people in it a lot more.”So if you’re in Wisconsin’s Northwoods on a Monday night this summer and looking for some entertainment and good company, snowshoe baseball will be happening in Lake Tomahawk. The season ends in late August. Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

The matchup with the Tigers on Friday February 2


first_imgThe match-up with the Tigers on Friday February 2 will be a mouth-watering start to the 2018 Betfred Super League campaign and tickets are on sale now.Before then, Justin Holbrook’s men face Sheffield and Leigh in pre-season friendlies.The Eagles come to town on Saturday January 20 (3pm) whilst Neil Jukes’ Centurions will come to the Totally Wicked Stadium six days later (Friday January 26, 8pm).Both matches are a key part of preparations for the season opener and strong squads are expected to be named for both.To buy your tickets call into the Ticket Office at the Totally Wicked Stadium, call 01744 455 052 or log on here.last_img read more

What You Can Learn From This YouTube Stars Apology Debacle


first_img Nina Zipkin What You Can Learn From This YouTube Star’s Apology Debacle Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Apology –shares 4 min read Image credit: Jason LaVeris | Getty Images Logan Paul said he was sorry — twice — after he seemingly filmed and posted video of the body of a person who had committed suicide. Staff Writer. Covers leadership, media, technology and culture.center_img Fireside Chat | July 25: Three Surprising Ways to Build Your Brand We may only be a couple of days into 2018, but we already have our first public apology on the books. That dishonor goes to Logan Paul, a 22-year-old YouTube star with more than 15 million subscribers.Paul filmed his visit to Aokigahara, a forest near Mt. Fuji in Japan, which has gained notoriety for being the site of hundreds of suicides. The video Paul posted on Dec. 31 on YouTube was titled, “We found a dead body in the Japanese Suicide Forest…” and it was viewed 6.3 million times in the 24 hours after it went live. Paul has since removed the video from the site.According to New York Magazine, Paul, who included a link to the American Society for Suicide Prevention, introduced the video thusly: “This is not clickbait. This is the most real vlog I’ve ever posted to this channel…I think this definitely marks a moment in YouTube history because I’m pretty sure this has never hopefully happened to anyone on YouTube ever…Now with that said: Buckle the fuck up, because you’re never gonna see a video like this again!”Related: 7 Tips for Entrepreneurs Looking to Build Their Brands on YouTubePaul has a following made up of predominantly young kids and teens and is best known for comedy sketches, pranks and being the older brother of fellow social media star Jake Paul, who has been in the news recently for offenses ranging from racism, bullying and abuse and property damage, the last of which led to his firing from his Disney Channel series.Logan Paul’s most recent raft of tweets is akin to watching a dawning of realization and regret in real time. The first, posted at 7 p.m. on Jan. 1, is an announcement of his latest vlog.new vlogreal life Pokémon Go in JAPAN?? go ay ??— Logan Paul (@LoganPaul) January 2, 2018The second, posted three hours later, is a photo of an apology written in the iPhone notes app that starts with an “I’m sorry,” and an explanation of the intent behind the video, without ever specifically saying that what he did was wrong.The closest he comes to admitting wrongdoing is this: “I am often reminded of how big a reach I truly have & with great power comes great responsibility…for the first time in my life, I’m regretful to say I handled that power incorrectly. It won’t happen again.” The apology includes a profanity, a peace sign emoji and the hashtag for what Paul calls his fanbase —  #Logang4Life.Dear Internet, pic.twitter.com/42OCDBhiWg— Logan Paul (@LoganPaul) January 2, 2018And then there was the final tweet of the trilogy, posted at 11:45 a.m. on Jan. 2, a video message featuring a serious and chagrined Paul front and center.So sorry. pic.twitter.com/JkYXzYsrLX— Logan Paul (@LoganPaul) January 2, 2018“I’ve made a severe and continuous lapse in judgement. And I don’t expect to be forgiven. I’m simply here to apologize,” he says in the video. “There are a lot of things that I should have done differently, and I didn’t. And for that, from the bottom of my heart, I am sorry.”He continues, “For my fans who are defending my actions, please don’t. They do not deserve to be defended. … In the world I live in, I share almost everything I do. The intent is never to be heartless, cruel or malicious. Like I said, I made a huge mistake. I don’t expect to be forgiven. I’m just here to apologize. I’m ashamed of myself. I’m disappointed in myself. And I promise to better. I will be better. Thank you.”So what can you take away from Paul’s experience? First off, it’s always a good practice to have a sounding board outside of your circle to review anything you post online. If do you make a mistake, admit it right away. Don’t hide behind your past successes or what you meant to happen when you took a particular action. Don’t make excuses for your behavior. Make amends until you get it right. And remember that there is a big difference between “I’m sorry you were offended,” and “I’m sorry. I was wrong.” January 2, 2018 Add to Queue Entrepreneur Staff Next Article Enroll Now for $5last_img read more

As the SportsBetting Industry Transforms Entrepreneurs May Find It Hard to Get


first_imgSmall Business Heroes Kristi Dosh Opinions expressed by Entrepreneur contributors are their own. Next Article 5 min read The legal sports-betting market in the U.S. was worth an estimated $270 million in 2017 — with another $2.5 billion to $3 billion in black market betting, according to research firm Eilers & Krejcik Gaming, LLC. Accordingly, the recent Supreme Court decision in Murray v. NCAA that effectively lifts the federal ban on sports betting, allowing states to make their own laws and regulations, has captured the attention of businesses and entrepreneurs across the nation.Current gambling operators are racing to take advantage of the potential windfall headed their way, but experts say it could be a long time before new ventures can benefit from this decision. That’s because most of the existing state bills already circulating specifically limit the number of companies that can work directly with casinos or race tracks.”This means companies with past experience in the gambling marketplace, ready-to-go infrastructure and strong brand reputations will almost certainly gain selection for these mega-contracts,” says Marc Edelman, a professor of law at Baruch College who consults extensively on sports and gaming law.Related: The History of Online Gambling (Infographic)Edelman notes that none of the state bills proposing to allow and regulate sports gambling propose a true free market solution. That means even startup entrepreneurs with creative business ideas won’t be able to simply enter the marketplace, he says.Until now, only Nevada has allowed betting on individual games, while Delaware, Oregon and Montana have allowed limited betting. The Professional and Amateur Sports Protection Act (PASPA), enacted in 1992, exempted out those states. Now, however, all states will be allowed to pass their own laws related to sports betting, and there’s also the potential Congress will attempt to enact new legislation that would govern all states equally.As the court case has been working its way through the system the past few years, New Jersey, Pennsylvania and West Virginia have been preparing for the possibility of enacting new legislation post-PASPA. Sports Illustrated recently tracked the status of legislation in all 50 states, showing many are considering opening the door to sports betting.Eilers & Krejcik Gaming has estimated that as many as 32 states will enact new legislation allowing sports betting within the next five years. It estimates the resulting market would be worth $6.03 billion in annual revenue — $7.1 billion to $15.8 billion if all 50 states allowed regulated sports betting.Related: Entrepreneurs and Gamblers Have Much in CommonYou won’t have to be one of the big gambling operators to take advantage of the new market, however. There are numerous opportunities for data analytics, content creation and more.Tyler Wyatt, an independent handicapping expert who runs Three For The Money, is preparing for hundreds, if not thousands, of new companies to enter his space in the market.”Gambling data and gambling news will initially become a commodity. Companies that can track the movements of both betting lines and the amounts of money wagered will have a product they can offer at a premium.”Currently, Wyatt’s site offers bettors the ability to submit a request about a particular game and receive back a detailed analysis with over 1,500 data sets and a projected outcome of the game. He says it’s not something just anyone can jump into and make a name for themselves immediately.Related: 11 Sports Businesses Using Entrepreneurial Skills to Disrupt the Marketplace”I’ve purchased data that I didn’t have, scoured the internet to find data I was missing, and spent countless sleepless nights to compile the data sets and put together the program that we have at Three For The Money.”While those with deep pockets might be able to simply buy the data, Wyatt says the blue sky in the market is elsewhere.”There will be niche segments of the sports wagering market that can be capitalized. Apps that provide up-to-date player data, betting line movements, trends and more all in one place will be valuable.”If you’re one of those entrepreneurs looking to take advantage of the new opportunities, Edelman warns that you be careful to manage your risks.”There are no shortage of gaming lawyers who will tell you exactly what you want to hear,” he says.Related: Elite Sports Teams Are Much Better at Creating Powerful Cultures Than Startups — Here Are 5 Tips You Can Steal”The best lawyers will push back on ideas and encourage [you] to refine them in such a way that you are able to maintain the core elements of your business plan but at the same time encourage changes to make sure to keep your risk level manageable.”Edelman says you should choose counsel that is mindful of the developments in state law.”The future of your sports-gambling or interactive fantasy sports business will be driven very much by your ability to operate within the framework of state laws, and many of these laws do not yet even exist.”In other words, it’s not only entrepreneurs who will be trying to cash in on the new marketplace, but attorneys and other business advisors as well. As the Sports-Betting Industry Transforms, Entrepreneurs May Find It Hard to Get in on Gambling Profits — but Related Businesses Will Thrive Founder and Publicist, Guide My Brand –shares May 21, 2018 There are opportunities for entrepreneurs as states begin allowing regulated sports betting. Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Add to Queue Image credit: Lars Baron | Getty Images Enroll Now for $5 Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Guest Writerlast_img read more

Index Exchange Introduces Adaptive Timeout Incorporating Machine Learning into Header Bidding


first_imgIndex Exchange Introduces Adaptive Timeout, Incorporating Machine Learning into Header Bidding PRNewswireMay 22, 2019, 6:29 pmMay 22, 2019 New Product Makes Publisher Page Speeds Smarter by Adapting to Each User, Creating More Opportunities for Bidders and Revenue for PublishersIndex Exchange, the world’s largest independent ad exchange, introduced Adaptive Timeout, an innovative product that will boost publisher revenue through advanced machine learning, while optimizing page speed. By measuring device and network conditions, the Adaptive Timeout feature leverages an algorithm that determines a custom, intelligent timeout for each individual user on each individual page view. This includes a time landscape, which is the time it takes from a bid request to a bid response for each participating bidder. By adaptively modifying the timeout, the feature ensures the maximum number of bids make it to the publisher, thereby increasing revenue, while improving user experience in each unique condition.Previously, publishers have largely relied on imprecise, fixed-value timeouts for all users, which led to publishers missing opportunities while waiting for bid responses in latency-constrained environments. Static timeouts led to a trade-off, whereby publishers had to sacrifice user experience to wait longer for header bidding, or sacrifice revenue by setting aggressive timeouts. Adaptive Timeout introduces intelligence and machine learning into header bidding, allowing for an adaptive timeout that is tailored to the user’s device and network latency.Marketing Technology News: Amazon Dominates E-Commerce Share, Ebay and Walmart Less of a Focus, Feedvisor Study Finds“Incorporating machine learning into header bidding is a natural evolution of the product line, and adaptive timeout is the first of many innovations we’ll be enhancing with this technology,” said Gabriel DeWitt, Vice President, Product at Index Exchange. “We’re happy we can bring this level of sophistication to our publisher partners, as they’ve been looking to leverage automation instead of internal tech resources to optimize their configurations.”Adaptive Timeout is calculated using the device type, connection speed and an aggregation of the recent history of a particular user’s time landscape. Through the use of an adaptive machine learning algorithm, the outcome is overall improvement to page speed on fast devices with fast connections and more bids from the header reaching the publishers ad server, without any additional development.Marketing Technology News: Vyond Announces End of Beta for Vyond Studio, Enhanced Security Features“Our long-standing partnership with Index Exchange is a testament to the company’s continued commitment to innovation and maximizing publisher revenue,” said Jeremy Hlavacek, Head of Revenue, Watson Advertising. “This latest feature will ensure more bid responses are making it into our ad server, while improving user experience. It’s a huge opportunity for revenue growth.”Marketing Technology News: Kneron Debuts Edge AI Chip, Bringing AI to Devices Everywhere Adaptive Timeoutadvanced machine learningGabriel DeWittIndex ExchangeMarketing TechnologyNews Previous ArticleUsabilla Named a Strong Performer in 2019Next ArticleDigital Audio Can Be An Advertising MVP – If Navigated Correctlylast_img read more

New microfluidic device can isolate individual cancer cells from blood samples


first_imgReviewed by James Ives, M.Psych. (Editor)Feb 26 2019Researchers at the University of Illinois at Chicago and Queensland University of Technology of Australia, have developed a device that can isolate individual cancer cells from patient blood samples. The microfluidic device works by separating the various cell types found in blood by their size. The device may one day enable rapid, cheap liquid biopsies to help detect cancer and develop targeted treatment plans. The findings are reported in the journal Microsystems & Nanoengineering.”This new microfluidics chip lets us separate cancer cells from whole blood or minimally-diluted blood,” said Ian Papautsky, the Richard and Loan Hill Professor of Bioengineering in the UIC College of Engineering and corresponding author on the paper. “While devices for detecting cancer cells circulating in the blood are becoming available, most are relatively expensive and are out of reach of many research labs or hospitals. Our device is cheap, and doesn’t require much specimen preparation or dilution, making it fast and easy to use.”The ability to successfully isolate cancer cells is a crucial step in enabling liquid biopsy where cancer could be detected through a simple blood draw. This would eliminate the discomfort and cost of tissue biopsies which use needles or surgical procedures as part of cancer diagnosis. Liquid biopsy could also be useful in tracking the efficacy of chemotherapy over the course of time, and for detecting cancer in organs difficult to access through traditional biopsy techniques, including the brain and lungs.However, isolating circulating tumor cells from the blood is no easy task, since they are present in extremely small quantities. For many cancers, circulating cells are present at levels close to one per 1 billion blood cells. “A 7.5-milliliter tube of blood, which is a typical volume for a blood draw, might have ten cancer cells and 35-40 billion blood cells,” said Papautsky. “So we are really looking for a needle in a haystack.”Microfluidic technologies present an alternative to traditional methods of cell detection in fluids. These devices either use markers to capture targeted cells as they float by, or they take advantage of the physical properties of targeted cells — mainly size — to separate them from other cells present in fluids.Papautsky and his colleagues developed a device that uses size to separate tumor cells from blood. “Using size differences to separate cell types within a fluid is much easier than affinity separation which uses ‘sticky’ tags that capture the right cell type as it goes by,” said Papautsky. “Affinity separation also requires a lot of advanced purification work which size separation techniques don’t need.”Related StoriesStudy reveals link between inflammatory diet and colorectal cancer riskAdding immunotherapy after initial treatment improves survival in metastatic NSCLC patientsTrends in colonoscopy rates not aligned with increase in early onset colorectal cancerThe device Papautsky and his colleagues developed capitalizes on the phenomena of inertial migration and shear-induced diffusion to separate cancer cells from blood as it passes through ‘microchannels’ formed in plastic. “We are still investigating the physics behind these phenomena and their interplay in the device, but it separates cells based on tiny differences in size which dictate the cell’s attraction to various locations within a column of liquid as it moves.”Papautsky and his colleagues ‘spiked’ 5-milliliter samples of healthy blood with 10 small-cell-lung cancer cells and then ran the blood through their device. They were able to recover 93 percent of the cancer cells using the microfluidic device. Previously-developed microfluidics devices designed to separate circulating tumor cells from blood had recovery rates between 50 percent and 80 percent.When they ran eight samples of blood taken from patients diagnosed with non-small-cell lung cancer, they were able to separate cancer cells from six of the samples using the microfluidic device.In addition to the high efficiency and reliability of the devices, Papautsky said the fact that little dilution is needed is another plus. “Without having to dilute, the time to run samples is shorter and so is preparation time.” They used whole blood in their experiments as well as blood diluted just three times, which is low compared to other protocols for cell separation using devices based on inertial migration.Papautsky and colleague Dr. Alicia Hubert, assistant professor of surgery in the UIC College of Medicine, recently received a $125,000, one-year grant from the University of Illinois Cancer Center to develop a microfluidics device that can separate out circulating tumor cells as well as detect DNA from cancer cells in blood from lung cancer patients. They will use blood from patients being seen at the University of Illinois Cancer Center to test the efficacy of their prototype device. Source:https://today.uic.edu/new-microfluidics-device-can-detect-cancer-cells-in-bloodlast_img read more

Opioid poisoning rates higher and in a more diverse population study shows


first_imgReviewed by James Ives, M.Psych. (Editor)Jun 21 2019A cohort study by Stony Brook University researchers of all payer hospital data on Long Island combined with census data indicates that opioid poisoning (OP) levels almost doubled from 2010 to 2016. Additionally, the study revealed that the demographics of patients with OP appears to be shifting and becoming more diverse. The findings are published online in the American Journal of Preventive Medicine.Not enough is known about the epidemiology of OP to tailor interventions to help address the growing opioid crisis in the U.S. According the National Center for Health Statistics, New York State is one of five states with the most opioid drug overdoses. The objective of the Stony Brook study is to expand understanding about OP through the use of data analytics to evaluate geographic, temporal, and socioeconomic differences of OP related hospital visits in a region of New York State with high OP rates. Related Stories’Traffic light’ food labels associated with reduction in calories purchased by hospital employeesAMSBIO offers new, best-in-class CAR-T cell range for research and immunotherapyStudy analyzes high capacity of A. baumannii to persist on various surfacesThrough the data analysis, Wang and colleagues found that OP hospital visit rates increased 2.5 to 2.7 fold on Long Island since 2010. OP hospital visit rates decreased for men, whites and self-pay patients but increased for Medicare payers. Communities with high OP rates had lower median home values regardless of location, higher percentages of high school graduates, were younger and more often were white patients.These findings reveal that OP is becoming more diverse by gender, age, economics and location. Historically, on a national level the highest OP rates have been among young adults (18-34) who are white male, urban dwellers, and those with lower income and non-private payers.According to Wang, the research team will engage other researchers to build a nationwide data-driven opioid epidemic research community. He said their method and findings provide a foundation to build a precision public health-based framework for opioid epidemic research through integrative spatial-temporal based analytical methods for population studies. The long-term goal of the research will also be to develop a machine learning-based framework for predicting OP risks of patients using integrative electronic health records to support clinical decisions. Source:Stony Brook University We believe our method and use of data analytics tools to identify regions and patient populations may help to focus on effective interventions. These population identification techniques can also potentially be applied to other communities anywhere in the United States to focus on interventions.”Fusheng Wang, PhD, lead author and Associate Professor in the Departments of Biomedical Informatics in the Renaissance School of Medicine at Stony Brook University and in Computer Sciencelast_img read more

For bruised Apple a need to go beyond the iPhone


first_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Apple Pay has been steadily adding to the roster of businesses that let people tap handsets to consummate transactions. Chinese exchange students pay tribute to the late Apple co-founder Steve Jobs eight years after his death, amid concerns the iPhone maker’s momentum has stalled Apple is aiming to show it can do more than just make iPhones in a quarterly update Tuesday for investors who are skeptical over whether the culture-changing company can regain the momentum from its glory days. “I distinctly recall Cook telling analysts during a quarterly earnings call that, having studied the country for 30 years, he knew China,” Gassee said in a blog.”How could Apple, which is more embedded than most Western companies, not see a Chinese economy slowdown that started well before the 2018 holiday quarter?”Apple is likely to face questions on whether it boosted prices too far, lifting its newest handsets to $1,000 or more, in a market that is seeing tougher competition.Consumer Intelligence Research Partners said its survey showed 65 percent of iPhone buyers chose the newer models over the less expensive ones, and that the average selling price of the devices rose to “well over $800.” Another important source of income is the surging market for app downloads, where Apple gets 30 percent of the action.Meanwhile, Apple remains under pressure as fans and analysts wonder whether the company lost its ability to wow the world when co-founder and chief Steve Jobs died in late 2011.The China factorApple had been growing in China until recently, but the combination of trade frictions and a slowing Chinese economy are cutting into its sales there.Former Apple executive Jean-Louis Gassee said the surprise on Chinese sales was a massive mistake for CEO Tim Cook. © 2019 AFP “This is unprecedented and representative of a resilient business,” Munster and Thompson write in a blog post.The saturated global smartphone market is forcing Apple to seek another reinvention.”This is not ‘the fall of Apple’—it’s just the shift of smartphones to boring maturity, as we look for what’s next,” Benedict Evans of the investment firm Andreessen Horowitz said in a recent blog post. Rumors buzzing about the company include its plans to produce it own shows, potentially challenging streaming television giants Netflix and Amazon Prime, which have invested heavily in original content.”There are other ways to make money but it’s not clear how Apple is going to do that,” noted analyst Jack Gold of J. Gold Associates.Apple has consistently touted the success of its eponymous smartwatch, engineering the wristwear with health and fitness features. Apple CEO Tim Cook is likely to face questions during the company’s earnings call on its strategy to deal with weaker smartphone sales and a lower demand from China Citation: For bruised Apple, a need to go beyond the iPhone (2019, January 29) retrieved 17 July 2019 from https://phys.org/news/2019-01-apple-iphone.html Amid slowing smartphone sales, Apple is seeking to get more revenue from services such as music and its digital payment application, Apple Pay Apple’s bombshell and the trillion-dollar question Apple’s quarterly update comes amid concerns about slowing iPhone sales, especially in China In recent weeks, Apple shares have been hammered on concerns that its best days are over, with smartphone sales slipping and no new “big thing” on the horizon.Amid turbulence in the tech sector, Apple has lost its trillion-dollar status and slid behind rivals Microsoft and Amazon on the list of most valuable corporations.The California tech giant has been trying to shift focus to growth in the side of its business devoted to selling music, movies, apps, and services to the vast “install base” of Apple gadget owners as well as via other internet-linked devices.Apple delivered a stunning admission earlier this month that iPhone sales and overall revenues would be below most forecasts, citing economic weakness in China and trade frictions between Washington and Beijing.Some analysts believe iPhone sales over the quarter to December will show an unprecedented decline, although the exact figures won’t be visible because Apple has decided to leave off unit sales.Resilience?Gene Munster and Will Thompson of the investment firm Loup Ventures said that despite lower iPhone sales, Apple can make up for lost revenues from its growing services segment. Explore furtherlast_img read more